Comprehensive Report
KENTMORE CLOTHING (MANUFACTURING) LIMITED
Subscriber No: 716000061

Delivery Date: Feb 14, 2023

Ticket Key: 202302145006900083
Reference: sample reportI D E N T I F I C AT I O N & S U M M A R Y

RISK SUMMARY

Identification
DUNS:

59-012-4475

Risk Evaluation
RatingHead OfficeStreet Address:
Comments:

Summary Company Information
AucklandCourt Actions

North Island

PPSR Financing Statements

IMPORTANT NOTICE: DO NOT

Collections

CONFUSE THIS COMPANY WITH

Financial Summary

OTHER KENTMORE COMPANIES.
THIS IS A FICTITIOUS COMPANY
USED BY D&B FOR
DEMONSTRATION PURPOSES ONLY.
THIS REPORT IS A SAMPLE REPORTOF AN ANSWERABLE FROM FILEREPORT INCLUDING EFFECTIVE
INTERVIEW AND FINANCIAL
INFORMATION.

Summary
Subsidiary of:C2 (C2)

KENTMORE CLOTHING(MANUFACTURING) PTY LTD of
COLLINGWOOD
VIC
AUSTRALIALine of Business:

Undetermined

Chief Executive

Undetermined,.

Officer:Founded:2002

Industry SIC Codes:

0000-Undetermined

Import:Yes

Export:Yes

EmploysGroup 110

0
Not Searched0Revenue$4,756,895

Net Worth$165,836

Currency
All monetary amounts quoted in this report are shown in
New Zealand dollars unless otherwise stated.

Risk Assessment
Risk Indicator

2

D&B Rating

C2

Financial Strength

CBased on net worth

Risk Indicator

2Good (Low Risk)

The Dun & Bradstreet Rating of C2 indicates:
Financial Strength of USD 175,000 to USD 345,000 based on based on net worth
A Risk Indicator which is Good (Low Risk)

T R A D E PA Y M E N T S

Paydex UN
When weighted by value, payments to suppliers average based on payments collected over the last 24 months.

Explanation of PAYDEX
A score of 80 denotes that payments reported to D&B have generally been made within terms. Scores over 80 indicate thatpayments reported to D&B have been made earlier than terms. The chart below outlines the specific 0-100 score and what itmeans.
Paydex

Payment Habit

100

Anticipate

90

Discount

80

Prompt70

15 days beyond terms

60

22 days beyond terms

50

30 days beyond terms

40

60 days beyond terms

30

90 days beyond terms

20

120 days beyond terms

0-19Over 120 days beyond terms

UNUnavailable

As key suppliers are unknown, trade survey could not be conducted.
A search of the Dun & Bradstreet Trade Reference database today did not locate any Trade References relating to the subject
for the past 12 months.There may however be trade references beyond this period affecting the CCS.As this database contains
over three hundred thousand Trade References, this may indicate that the subject does not trade extensively on credit.

BANK
Daily Transactional Bank and Financing Bank ANZ Banking Group (New Zealand) Limited.
Subject's secured overdraft facility of $250,000 is used as required and is secured by a security interest in all present and after
acquired personal property
Subject has been with the ANZ Banking Group (New Zealand) Limited since 1979.
Daily Transactional Bank The National Bank of New Zealand Limited.
Subject does not maintain an overdraft facility.
Subject's secured overdraft facility of $250,000 is used as required and is secured by a security interest in all present and after
acquired personal property
Subject has been with the The National Bank of New Zealand Limited since 2009.

C U R R E N T I N V E S T I G AT I O N
Subject could not be contacted on 03 Feb 2023 as there were no telephone listings for company.

RevenueYear Ended 31/03/21
Year Ended 31/03/22$4,587,596$4,756,895

Net Profit
Year Ended 31/03/21
Year Ended 31/03/22$79,456$81,547
A search conducted on 03 Feb 2023 confirmed that KENTMORE CLOTHING (MANUFACTURING) LIMITED is not registered at the
NZ Companies Office.

HISTORY

Statements
Subject is unregistered at the NZ Companies Office.
Subject operates as a sole trader.

C O R P O R AT E S T R U C T U R E

Ultimate Parent
74-026-0021

KENTMORE CLOTHING (MANUFACTURING) PTY LTD AU
28 Smiths Ave
West RydeParent
75-468-3795

KENTMORE CLOTHING (MANUFACTURING) PTY LTD AU
222 Collingwood Rd
Melbourne

Subsidiaries
Kentmore Trends Ltd,NZ
Kentmore Beachwear Ltd,NZ
Kentmore Properties Ltd,NZ
Kentmore Headwear Ltd,NZ

Affiliates
Kentmore Properties Ltd,NZ
Kentmore Headwear Ltd (In Vol Liq),NZ

O P E R AT I O N S

Line of Business:

Subject's operations are undetermined.
An SIC could not be assigned as subject’s line of business is undetermined.

Specialises in:Trousers, Shirts and Suits

Exports:

finished goods to Australia, United States, Hong Kong, Singapore and Japan.

Imports:

from FranceItaly.

Employs:110 Group

Employee History:Year

No of Employees

Reasons

2019

110 Group

2018

107 Group

2017

105 Group

2016

100 Group

Location:

Occupies premises at heading address.

F I N A N C I A L I N F O R M AT I O N
On 14 Sep 2022, ., . submitted the following Financial statement(s) dated 31 Mar 2022 verbally.

Financial Graphs

Comparatives
31 Mar 2020

31 Mar 2021

31 Mar 2022

Assets643,645

910,225

812,625

Liabilities

581,936

738,924

791,977

WORKING CAPITAL

61,709171,301

20,648Tangible Assets

163,574

173,337

152,165

Liabilities

172,458

195,444

209,652

NET WORTH

52,825292,126

165,836

4,147,489

4,587,596

4,756,895

71,59879,456

81,547CURRENTOTHER

ANNUAL SALESPROFIT AFTER TAXINVENTORY

312,546

527,553

2,809

6,460

6,899

ACCOUNTS RECEIVABLE

319,542

365,302

325,468

FIXED ASSETS

163,574

173,337

152,165

ACCOUNTS PAYABLE

217,336

232,610258,078

CASH

471,704

31 Mar 2018

31 Mar 2019

Assets653,192

736,790

Liabilities

400,917

601,364

WORKING CAPITAL

252,275

135,426

Tangible Assets

153,063163,564

Liabilities

174,629

198,565

NET WORTH

85,677

100,425

3,733,765

3,965,222

CURRENTOTHER

ANNUAL SALESPROFIT AFTER TAX

63,25469,754INVENTORY

323,871

311,511

ACCOUNTS RECEIVABLE

312,692

321,569

FIXED ASSETS

153,063

163,564

ACCOUNTS PAYABLE

225,627

238,927

CASH

2,610

Balance Sheet
Balance Sheet
As at 31 Mar 2022

As at 31 Mar 2021

Cash

3,500

2,304

Cash & Bank

3,399

4,156

2,809

Inventories

88,75488,754

312,546

Trade Debtors

325,468

330,255

319,542

Other Debtors

35,047

Prepayments

6,789

7,200

Work in Progress

37,263

92,954

Stock345,687

345,845

765

1,254

Due from Parent
Due from Related Cos

As at 31 Mar 2020

6,874

1,000

2,456

1,874

TOTAL CURRENT ASSETS

812,625

910,225

643,645

Property Plant & Equipment

150,478

155,478

148,574

1,687

17,85915,000152,165

173,337

163,574

Goodwill

8,415

8,459

7,500

TOTAL INTANGIBLES

8,415

8,459

7,500

Trade Creditors

245,622

220,154

215,689

Creditors & Borrowings

12,456

12,456

1,647

Bank Overdraft

7,458

7,500

9,525

Loans Hire Purchase

16,78917,20017,450Loans secured

Fixtures & Fittings
TOTAL FIXED ASSETS

135,487

155,478

150,000

Prov. Income Tax

3,189

4,588

3,146

Prov. Long Service Leave

35,57538,377

Prov. for employee
entitlements

94,87990,458Due to Parent

66,00080,455Due to Related Companies

68,974Due to Directors

35,00063,000Due to Shareholders

59,87449,258Other Current
liabilities

1,500

42,56482,45759,458

TOTAL CURRENT
LIABILITIES

791,977

738,924

581,936

Loans secured

172,458

Loans unsecured

164,587

Commercial Bills

45,06537,000Total Non-Current Liabilities

209,652

195,444

172,458

Paid Capital

50,00050,00050,000Reserves

29,54825,847

8,945

Reserves - Asset Revaln

51,88955,659Reserves - Share Prems

2,500

2,500

250

Retained Profit

40,314

166,579

1,130

TOTAL SHAREHOLDER
EQUITY

174,251

300,585

60,325TOTAL ASSETS

973,205

1,092,021

814,719

1,175,880

1,234,953

814,719

174,251

300,585

60,325

8,415

8,459

7,500

165,836

292,126

52,825TOTAL LIABIL and EQUITY

158,444

Net Worth
SHAREHOLDERS FUNDSTOTAL INTANGIBLES
NET WORTHF I N A N C I A L A N A LY S I SShort Term Financial Risk
CURRENT RATIOCurrent Assets/Current Liabilities
Year 2022 Industry Quartile
2022

2021

2020

1.03

1.23

1.11

The Current Ratio compares Current Assets with Current Liabilities.
It is an indication of the ability of the subject to meet its debts as and when they fall due during the next year.
The optimum level varies according to the industry.
The higher the ratio the greater the level of assurance that the payment of creditors can be made.
Short Term Financial Risk
LIQUID RATIO
Cash & Debtors/Current Liabilities
Year 2022 Industry Quartile
20222021

2020

0.42

0.50

0.55

The liquid ratio further defines the subject’s ability to meet commitments in the short term.
It is an indication of the ability of the subject to meet its debts as and when they fall due during the next year.
The optimum level varies according to the industry.
The higher the ratio the greater the level of assurance that the payment of creditors can be made.
Short Term Financial Risk
CURRENT LIABILITIES TO NET WORTH RATIO
Percentage ValueYear 2022 Industry Quartile
2022

2021

2020

6.04

3.20

14.28

The current liabilities to net worth ratio contracts the funds the creditors risk temporarily with those which are permanentlyinvested.
Large deficit net worth figures will produce low negative ratios indicating higher risk.
Concerns with excessive positive ratios should be analysed carefully.
Efficiency
COLLECTION PERIOD RATIO
Accounts Receivable/Sales x 365 Days

Year 2022 Industry Quartile
2022

2021

2020

25.47

29.56

28.62

The collection period ratio measures the rate of collectability of the accounts receivable.
Generally, where most sales are for credit any collection period more than one-third over normal selling terms is indicative ofsome slow turning receivables.
Efficiency
ASSET TO SALES RATIO
Total Assets/SalesYear 2022 Industry Quartile
2022

2021

2020

10.08

8.70

13.27

The asset to sales ratio ties in sales and the total investment that is used to generate those sales in order to determine whether
the company is over or undertrading.
Figures above the upper quartile in a paricular industry can indicate overtrading which may lead to financial difficulties.
Figures below the lower quartile can be the result of overly conservative or poor sales management.
Profitability
PROFIT MARGIN RATIONet Profit x 100/SalesYear 2022 Industry Quartile
2022

2021

2020

1.71

1.73

1.73

The profit margin ratio determines the amount of re-employment by a company and which is used for dividends and reserves.
It is an indicator of a firms ability to withstand adverse conditions such as falling prices,rising costs and declining sales.
Companies not making adequate profits are vulnerable.

APPENDICES
The information in this report was last updated on 03 Feb 2023

D & B Rating Glossary
D&B Rating - The D&B Rating consists of two parts, the Financial Strength Indicator and the Risk Indicator.
For example: in the case of a 2A 4 rating, 2A means the financial strength of the business and 4 is the risk indicator.
The Risk Indicator is used in conjunction with the Financial Strength Indicator. The Risk Indicator reflects D&B's opinion of therisk associated with trading with a specific business, notably the likelihood of business continuance or failure over the next 12months. Created from expert rules systems, the Risk Indicator is refreshed whenever data is loaded onto our databases. Please
see the table below for the Risk Indicators and their corresponding values.
Risk Indicators
4 Significant level of risk

Take suitable assurances before extending credit

3 Greater than average risk

Proceed with transaction but monitor closely

2 Low risk

Proceed with transaction

1 Minimal risk

Proceed with transaction - offer terms required- Insufficient information to assign a risk
indicator

No public information or D&B proprietary information available to indicate
trading activity

The Financial Strength Indicator is based on either Net Worth or Issued Capital. The table below contains the possible values.
Financial Strength Indicator

Range

Net WorthCapital

FROM

TO

5A

5AA

$42,000,000

And above

4A

4AA$17,500,000$42,000,000

3A

3AA

$8,400,000$17,500,000

2A

2AA

$1,750,000$8,400,000

1A

1AA

$840,000$1,750,000AAA$420,000$840,000

BBB$241,500$420,000

CCC$122,500$241,500

DDD$84,000$122,500E

EE$42,000$84,000

FFF$24,500$42,000

G

GG$10,500$24,500

H

HH

0$10,500

Alternate Ratings UsedN

Financial Strength is negativeO

Financial Strength is undisclosed

NB

New Business: Less than 24 months

NQ

Out of Business: Business has ceased to trade

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